China’s year-ender will be a tad better than expected, according to the World Bank. They raised their 2017 GDP forecast to 6.8% from 6.7% on Tuesday, citing rising household incomes and improving external demand for…
Tagged By banking
China Maintains Strong Growth and Reform Momentum, Says World Bank
BEIJING, December 19, 2017—Economic growth in China has remained strong in 2017, supported by rising household incomes and improving external demand. Growth is projected at 6.8 percent in 2017, exceeding initial expectations, according to the…
World Bank: China’s GDP growth rate to reach 6.8% this year
China has maintained strong economic growth, which is projected to reach 6.8 percent this year, supported by rising household incomes and improving external demand, the World Bank said in its latest economic update report released…
BRIEF-China Oceanwide International Financial Proposes Rights Issue
Dec 18 (Reuters) – China Oceanwide International Financial Ltd: * PROPOSES TO RAISE HK$18.25 BILLION BY WAY OF RIGHTS ISSUE OF 16.59 BILLION RIGHTS SHARES AT HK$1.10 PER RIGHTS SHARE * NET PROCEEDS FROM RIGHTS…
Vietnam Follows Beijing With South China Sea Upgrades of Its Own
While the work is vastly outweighed by what China is doing it suggests Hanoi wants to hold its ground over the contested waterway, even if it risks upsetting Beijing. In August, Philippine President Rodrigo Duterte…
World Bank ups forecast for China growth in 2017 to 6.8 pct
BEIJING, Dec. 19 (Xinhua) — The World Bank has raised China’s growth forecast for 2017 from 6.7 percent to 6.8 percent, based on rising household income and improving external demand, according to its latest report…
World Bank raises China 2017 growth forecast, maintains 2018 out
Beijing: The World Bank on Tuesday raised its forecast for China’s economic growth in 2017 to 6.8 percent from 6.7 percent it projected in October, as personal consumption and foreign trade supported growth. But the…
World Bank approves $150mn loan for China’s farm produce distribution system
BEIJING: World Bank has approved a 150-million US dollar loan to southeastern Chinese province of Jiangxi to improve its farm produce distribution system, the bank said in a statement. The loan will benefit over 200,000…
World Bank raises China’s 2017 growth forecast, maintains 2018 outlook
The World Bank on Tuesday raised its forecast for China’s economic growth in 2017 to 6.8 per cent from 6.7 per cent it projected in October, as personal consumption and foreign trade supported growth. But…
China is trying to influence other countries from the inside, and they aren’t happy about it
China has vehemently rejected all claims of political interference … over a scandal concerning his links with Chinese donors . Beijing has also provided financial support to former New Zealand politicians in an attempt to…
World Bank raises China 2017 growth forecast, maintains 2018 outlook
The World Bank on Tuesday raised its forecast for China’s economic growth in 2017 to 6.8 percent from 6.7 percent it projected in October, as personal consumption and foreign trade supported growth. But the Washington-based…
UK gives $50m to China-led Asian Infrastructure Investment Bank
AIIB president Jin Liqun and British finance minister Philip Hammond signed an agreement about the UK’s contribution to the bank’s Project Preparation Special Fund during Hammond’s visit to Beijing on Saturday. “The UK strongly supports…
Russia & China will engineer bitcoin apocalypse, Saxo Bank predicts
Moscow and Beijing are going to crack down on bitcoin, resulting in the cryptocurrency’s collapse next year, predicts Saxo Bank. The bank is famous for its ‘outrageous’ predictions published each December. Saxo predicts that in…
